I have just been advised by my IFA that my Shard End lawyer is not on the lender Solicitor panel. What can I do to be certain if this is indeed the case?
The first thing you need to do is to contact your Shard End conveyancer. You lawyer should inform you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
About to place a bid on a leasehold apartment in Shard End. The estate agents advise that it is usual for flats in Shard End to have less than 75 years unexpired on the lease. I am taking out a mortgage with Virgin. Will the property be mortgageable given that the lease has 72 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 5/4/2021 the requirements read as follows :
Me and my partner are purchasing a flat in Shard End. I might seem paranoid but how we can trust a conveyancer? On completion day we have to put our life savings into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My husband and I are spending time viewing apartments in Shard End and I am now considering a potential offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with Yorkshire BS.
It would be prudent to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. Given that you are getting a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.
I was told four weeks ago that my mortgage has been agreed to by Leeds Building Society. Is it usual for Leeds Building Society to only issue the offer once my solicitor in Shard End is approved on their conveyancing panel? Leeds Building Society have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
We are buying a house and the solicitor has raised the issue of Chancel Repair to which the property may be obligated to contribute to given it’s proximity to the area of such a church. He has mentioned insurance. Is this really required for conveyancing in Shard End
Unless a prior acquisition of the property completed post 12 October 2013 you can take it that solicitors handling conveyancing in Shard End to remain encouraging a chancel search and or chancel repair liability policy.
I am looking into buying my first house which is in Shard End and I am already nervous. I couldn't find anything specific about Shard End. Conveyancing will be needed in due course but do you know about the Shard End area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Shard End. In the meantime here are some basic statistics that we found